NFP Retirement Inc. Cuts Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

NFP Retirement Inc. cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 160,427 shares of the company’s stock after selling 3,666 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 0.9% of NFP Retirement Inc.’s investment portfolio, making the stock its 27th largest position. NFP Retirement Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $13,293,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock worth $3,728,910,000 after acquiring an additional 45,609,923 shares in the last quarter. Assetmark Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after purchasing an additional 3,917,307 shares during the period. LPL Financial LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 6.5% in the first quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock worth $567,154,000 after purchasing an additional 417,922 shares during the last quarter. Bank of New York Mellon Corp boosted its position in iShares 1-3 Year Treasury Bond ETF by 74.0% during the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock valued at $532,863,000 after buying an additional 2,734,684 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% during the first quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock valued at $419,325,000 after buying an additional 323,185 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

SHY opened at $82.86 on Thursday. The company has a market cap of $23.92 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average price is $82.92 and its 200-day moving average price is $82.69. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a dividend of $0.2627 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, November 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

About iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.